forget the pops, clicks, wow and flutter of mechanical discs, the future for tweaking audiophiles is Slingboxes and high fidelity downloads:
http://www.stereophile.com/news/051605musicgiants/
The more I improved my stereo system, the more it revealed other flaws, especially the recordings. I thought then, as I do now, that tweaking audiophiles will devote a portion of their hi-fi budget to high quality recordings - they are the ones who can best hear and appreciate the quality.
AM radio wasn't hi-fi, so audiophiles bought FM tuners. Cassettes weren't hi-fi, so we bought reel to reel decks. Records weren't quality enough, so we bought master recordings. iPods are so much dreck, so we will download lossless releases.
BTW, not only did I think that Dolby dynamic range expansion would save the record industry from the CD, but I thought that music video DVDs would eclipse the CD...